On Thursday night, multiple reports suggested the Cavaliers were interested in acquiring four-time All-Star Rajon Rondo from the Lakers. On Friday morning, according to ESPN's Adrian Wojnarowski, it looks like a deal is done.
Wojnarowski reports that the Lakers are sending Rondo to Cleveland in exchange for Denzel Valentine. He adds that the Lakers likely will waive Valentine to open up a roster spot. Valentine's salary for this season is just under $2 million, but only $500,000 of it is guaranteed.
Cleveland's move comes just days after star guard Ricky Rubio tore his ACL.